CPG companies are focusing on water conservation to offset their carbon footprint, for example, PepsiCo and Keurig Dr Pepper announced to reduce the amount of wastewater across their operations. PepsiCo has decided to develop a technology that will be able to recover 50% of the water used to manufacture potato chips. Under PepsiCo’s Positive (pep+) initiative, the company is dedicated to expand safe water access to 8 million more people. While Keurig Dr Pepper has committed to achieve a net positive water impact by 2050. Meanwhile, to foster sustainable activities, Goldenberry, Mentos, and Sourcing are reducing plastic packaging, while Coca-Cola has committed to use reusable bottles for 25% of its beverage packing by 2030. Read more from ConsumerGoods

Nestlé is the largest CG company by revenue, and it has crafted its broader strategy by considering high growth products, digital channels, and healthier food and beverage alternatives. The brand is committed to achieve its sustainability goals, like emitting zero greenhouse gases by 2050, which are reflected in the company’s latest investment strategies. As per the data from CB Insights, Nestlé is prioritising four strategies that are reflected in its recent investments, acquisitions, and partnerships. These four strategic priorities include launching sustainable packaging, expanding its plant-based food and beverage portfolio, building relations with consumers via the DTC business module, and exploring digital health and biotech. Read more from CBInsights